Emlynn Bethina

Fed Rate Cut Chances In 2024 Prediction. There are now 93.3% odds that the fed’s target range for the federal funds rate, its key rate, will be lowered by a quarter percentage point to 5% to 5.25% in. After friday’s surprisingly strong jobs report, wall street traders firmly expect the federal reserve to cut interest rates by just 0.25 percentage point next month.

Graph and download economic data for fomc summary of economic projections for the fed funds rate, median (fedtarmd) from 2024 to 2027 about. There are now 93.3% odds that the fed’s target range for the federal funds rate, its key rate, will be lowered by a quarter percentage point to 5% to 5.25% in.